Chinese Money Supply Growth Eases

M2 increased 13.1% in September, down from the 13.3% yoy growth in August.

Reuters: China new loans surge in September following policy support
Lending by Chinese banks surged by far more than expected in September, with 1.05 trillion yuan ($165.47 billion) in new yuan loans extended following moves to stop the economy slowing by cutting interest rates and prioritising infrastructure projects.

China's bailout of its ailing stock markets distorted lending figures in recent months, but a jump of about 30 percent in new loans in the January-September period from same nine months a year ago showed how the government was trying to steady a slowing economy.

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